This is probably the kind of thing SolarEagle has been worried about.
Reuters' reports that a fairly new and efficient natural gas-fired power plant has no takers for its output, and is shutting down:
http://www.reuters.com/article/us-ca...-idUSKCN0YV0BX
It mentions as one reason competition from solar and wind energy, and points to a report from Moody's that predicted the problem:
https://www.moodys.com/research/Mood...tor--PR_336126
The generator in question supposedly had high transmission costs, which made keeping it online harder.
I'm looking forward to seeing what LADWP's Maximum Renewable Energy Penetration Study has to say about economics of gas-fired power plants in an era of high renewable penetration. Supposedly it's done, but hasn't been published yet.
Reuters' reports that a fairly new and efficient natural gas-fired power plant has no takers for its output, and is shutting down:
http://www.reuters.com/article/us-ca...-idUSKCN0YV0BX
It mentions as one reason competition from solar and wind energy, and points to a report from Moody's that predicted the problem:
https://www.moodys.com/research/Mood...tor--PR_336126
The generator in question supposedly had high transmission costs, which made keeping it online harder.
I'm looking forward to seeing what LADWP's Maximum Renewable Energy Penetration Study has to say about economics of gas-fired power plants in an era of high renewable penetration. Supposedly it's done, but hasn't been published yet.
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